For Sale
£250,000
Offers Over
Light Industrial, Norfolk Road, Norfolk Road, FY3
Norfolk Road, Norfolk Road, FY3
Stephen Tew Estate Agents
Stephen Tew Estate Agents, 132 Highfield Road
Description
This versatile light industrial unit presents an excellent investment opportunity, currently operating as a well-established mechanic’s garage and MOT centre, complete with connected equipment and situated in a highly accessible residential location. The property is designed to accommodate a range of automotive and light industrial uses and features secure roller doors for easy vehicular access, an inspection pit for comprehensive vehicle servicing, and a dedicated office and reception area to support the smooth running of business operations. The internal layout is thoughtfully arranged to maximise workflow and efficiency, with ample space for equipment, vehicle movement, and administrative tasks. In addition to the main unit, the property benefits from back land that offers secure gating and the capacity to accommodate 15 to 20 vehicles, as well as a useful storage shed (ideal for parts, tools, or additional inventory). The premises are sold with a reliable tenant in situ, providing an attractive and immediate rental income of approximately £1,800 per month, with a five-year lease agreement that commenced in December 2024 (offering security and peace of mind for investors seeking a stable return). This unit represents a rare chance to acquire a functional and income-generating property in a sought-after location, with excellent transport links and proximity to both residential and commercial catchment areas. The existing tenant’s established business presence further enhances the appeal, ensuring continued demand and professional upkeep of the premises. Whether you are an investor looking to expand your portfolio or a business owner seeking a ready-made facility, this property offers flexibility, security, and strong potential for future capital appreciation.
Key Features
- Industrial unit currently used as a Mechanic’s Garage and MOT centre with connected equipment situated in a convenient and residential location
- Secure Roller doors, inspection pit, office and Reception area
- Back land with secure gating, and the capacity for 15–20 cars, and a storage shed.
- Sold with Tenant in situ (Approx £1800 per month income, tenant has a 5 year contract started December 2024)
Property Details
- Property type: Light Industrial
- Price Per Sq Foot: £369
- Approx Sq Feet: 678 sqft
- Council Tax Band: TBD
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By Stephen Tew Estate Agents
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